The amendment passed 16-14 and was met with cautious optimism by an industry that’s said banking is a critical need for businesses forced to operate mostly in cash.
“While an appropriations amendment isn’t a permanent fix to the banking problem, it is a significant step to correct a dangerous and unfair burden on responsible small-business owners and regulators,” National Cannabis Industry Association executive director Aaron Smith said in a statement.
Read more: http://www.thecannabist.co/2016/06/16/marijuana-banking-senate-approval/56385/
Follow NCIA
Newsletter
Facebook
Twitter
LinkedIn
Instagram
–